Truecaller Could Soon Face Competition

Truecaller could soon face competition owing to the draft Telecommunications Bill which envisages allowing telecom operators to provide the same service. The bill envisages measures for the protection of users. The name of the caller will be visible on the phone across telecom networks, unlike at present when only the phone number is visible. India accounts for 70 per cent […]

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European Shares Set To Fall; FTSE May Outperform As Pound Hits Record Low

European markets are seen opening broadly lower on Monday, though U.K. stocks may see some benefit from a weakening pound, which plunged to a record low against the dollar on recession fears after new finance minister Kwasi Kwarteng unveiled a controversial tax-cutting mini-budget. Asian markets retreated amid fears regarding slower economic growth and a possible global recession. London copper prices […]

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U.S. Stocks Remain Sharply Lower In Afternoon Trading

Stocks moved sharply lower in early trading on Friday and have seen further downside over the course of the session. The major averages are extending a recent downward trend, with the Dow tumbling to its lowest intraday level in well over a year. The major averages have climbed off their worst levels in recent trading continue to post steep losses. […]

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Asian Shares Extend Losses On Growth Worries

Asian stocks extended losses for a third day running Friday on concerns about elevated inflation and slowing global growth. Japanese markets were closed for Autumnal Equinox holiday. Chinese shares fell notably on growth concerns, with Nomura cutting its China 2023 annual growth forecast further to 4.3 percent from 5.1 percent in light of ongoing COVID woes. The benchmark Shanghai Composite […]

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‘Crazy Rich Asians’ Producer SK Global Entertainment Acquired By U.K. Investment Firm Centricus

London-based investment firm Centricus has acquired a majority stake in SK Global Entertainment, the independent production and finance company known behind film Crazy Rich Asians. Financial terms weren’t disclosed. A source said the total consideration was in the low-to-mid nine figures. Charlie Corwin will become CEO and John Penotti chief creative officer focusing on the SK Global’s film and TV slates. […]

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Countries Facing the Worst Climate Emergencies

Climate scientists have warned that immediate and substantial action is necessary to cut greenhouse gas emissions in half by 2030 in order to limit global warming to 1.5 degrees Celsius (2.7 Fahrenheit) above pre-industrial levels. This goal was hammered out at the 2015 U.N. Climate Change Conference in Paris. “Without increased and urgent mitigation ambition in the coming years, leading […]

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‘Merrily We Roll Along’ Sets Full Off Broadway Cast To Join Jonathan Groff, Daniel Radcliffe & Lindsay Mendez

Full casting for the upcoming Off Broadway revival of Sondheim’s Merrily We Roll Along starring the previously announced Jonathan Groff, Lindsay Mendez and Daniel Radcliffe has been firmed up, with Krystal Joy Brown of Hamilton among those rounding out the production. Merrily We Roll Along will begin previews at New York Theatre Workshop on November 21, opening December 12 and […]

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Futures Point To Slightly Lower Open For Wall Street

Russia’s move to call reservists to heighten its fight against Ukraine is getting the attention of investors worldwide. Early signs from the U.S. Futures Index suggest that Wall Street might open slightly down. Asian shares finished lower, while European shares are declining. As of 7.40 am ET, the Dow futures were down 6.00 points, the S&P 500 futures were declining […]

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Chaz Ebert Receives FACETS Legend Award As Producer-Philanthropist-Entrepreneur Works On Directorial Debut

Chaz Ebert has become one of the foremost agents of change in the entertainment industry, working to make sure traditionally overlooked communities get the chance to develop their talents in the business. Tonight, the entrepreneur, film producer, publisher of RogerEbert.com and president of the Ebert Company LTD. is being honored for her efforts to drive inclusion with the FACETS Legend […]

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